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thank you, jim. >> thank you, mr. president. the next debate, the vice presidential event on thursday, october 11th at center college in danville, kentucky. for now, from the university of
thank you, jim. >> thank you, mr. president. the next debate, the vice presidential event on thursday, october 11th at center college in danville, kentucky. for now, from the university of
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i'm jim lehrer of the pbs news hour. i welcome you to the first of the 2012 presidential debates between president barack obama the democratic nominee and former massachusetts governor mitt romney the republican nominee. this debate and the next three, two presidential, one vice presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues. and will follow a format designed by the commission. there will be six, roughly 15-minute segments with two-minute answers for the first question. then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions via the internet and other means but i made the final selections. and for the record, they were not submitted for approval to the commission or the candidates. the segments as i announced in advance will be three on the economy and one each on health care, the role of government, and governing. with an emphasis throughout on differences, specifics, and ch
i'm jim lehrer of the pbs news hour. i welcome you to the first of the 2012 presidential debates between president barack obama the democratic nominee and former massachusetts governor mitt romney the republican nominee. this debate and the next three, two presidential, one vice presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues. and will follow a format designed by the commission. there will be six, roughly 15-minute...
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president, you go first. >> thank you very much, jim, for this opportunity. i want to thank governor romney and the university of denver for your hospitality, a lot of points i want to make tonight, but the most important one is that 20 years ago, became the luckiest man on earth because michelle obama agreed to marry me. i want to wish you happy anniversary, and a year from now, we won't celebrate it in front of 40 million people. four years ago, we went through the worst financial crisis since the great depression. millions of jobs were lost, the auto industry was on the brink of collapse the financial system had frozen up, and because of theo resilience and determinatin of the american people, we've begun to fight our way back. over the last 30 months, we've seen 5 million jobs in the private sector created. the auto industry has come roaring back and housing has begun to rise. but we all know that we still have a lot of work to do. and so the question here tonight is not where we've been, but where we're going. governor romney has a perspective that says
president, you go first. >> thank you very much, jim, for this opportunity. i want to thank governor romney and the university of denver for your hospitality, a lot of points i want to make tonight, but the most important one is that 20 years ago, became the luckiest man on earth because michelle obama agreed to marry me. i want to wish you happy anniversary, and a year from now, we won't celebrate it in front of 40 million people. four years ago, we went through the worst financial...
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i'm sorry, jim, i'm going to stop the subsidy to pbs. i love pbs, i love big bird, i actually like you to. but i'm not going to keep spending money on things, borrowing money from china to pay for it. that's number one. number two, i'll take programs that are currently good programs but i think will be run more efficiently at the state level and send them to the state. number three, i'll make government more efficient, cut back the number of employees, combine some agencies into departments. my cutbacks will be done through attrition, by the way. this is the approach we have to take to get america to a balanced budget. the president said he'd cut the deficit in half. unfortunately, he doubled it. $1 trillion deficits for the last four years. the president's put in place as much public debt, almost as much debt held by the public as all prior presidents combined. >> mr. president, two minutes. >> when i walked into the oval office, i had more than a $1 trillion deficit greeting me. and we know where it came from. two wars that were paid f
i'm sorry, jim, i'm going to stop the subsidy to pbs. i love pbs, i love big bird, i actually like you to. but i'm not going to keep spending money on things, borrowing money from china to pay for it. that's number one. number two, i'll take programs that are currently good programs but i think will be run more efficiently at the state level and send them to the state. number three, i'll make government more efficient, cut back the number of employees, combine some agencies into departments. my...
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give me jim leher over that nonsense any day. coming up. if you were one of the people who declared a winner after watching last night's debate i'm going to ask you to reconsider after tonight's rewrite. and paul ryan will have the time he needs to explain his medicine careplan. and mitt romney says he is going to pay for his tax cuts for the wealthy by cutting 1, 100th of 1% of the federal budget. that is right. mitt romney wants to fire big bird. [ female announcer ] think a thick cream is the only way to firm skin? challenge the need for such heavy measures with olay. regenerist micro-sculpting serum for firmer skin in 5 days. pretty heavy lifting for such a lightweight. [ female announcer ] olay regenerist. >>> john mccain has been dead wrong on the fundamental issues relating to the conduct of the war. barack obama has been right. they are the facts. >> in the spotlight tonight the next debate. at this exact moment one week from now vice president joe biden and paul ryan will be hugging their families on a stage where they will have co
give me jim leher over that nonsense any day. coming up. if you were one of the people who declared a winner after watching last night's debate i'm going to ask you to reconsider after tonight's rewrite. and paul ryan will have the time he needs to explain his medicine careplan. and mitt romney says he is going to pay for his tax cuts for the wealthy by cutting 1, 100th of 1% of the federal budget. that is right. mitt romney wants to fire big bird. [ female announcer ] think a thick cream is...
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i believe in competition. >> jim, if i can respond very quickly. first of all, every study has shown medicare has lower administrative costs than private insurance does, which is why seniors are generally pretty happy with it, and private insurance has to make a profit. nothing wrong, that's what they do. and so you have higher administrative costs, plus profit, on top of that. and if you are going to save any money through what governor romney is proposing, what has to happen, the money has to come from somewhere. and when you move to a voucher system, you are putting seniors at the mercy of those insurance companies, and over time if traditional medicare has decayed or fallen apart, they are stuck. and this is the reason why aarp has said that your plan would weaken substantially and that's why they were supportive of the approach that we took. one last point i want to make. we do have to lower the cost of health care, not just in medicare and medicaid. but overall. >> we'll talk about that in a minute. >> that's a big topic. can we stay on medic
i believe in competition. >> jim, if i can respond very quickly. first of all, every study has shown medicare has lower administrative costs than private insurance does, which is why seniors are generally pretty happy with it, and private insurance has to make a profit. nothing wrong, that's what they do. and so you have higher administrative costs, plus profit, on top of that. and if you are going to save any money through what governor romney is proposing, what has to happen, the money...
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thank you, jim. >> thank you, governor, thank
thank you, jim. >> thank you, governor, thank
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give me jim leher over that nonsense any day. coming up. if you were one of the people who declared a winner after watching last night's debate i'm going to ask you to reconsider after tonight's rewrite. and paul ryan will have the time he needs to explain his medicine careplan. and mitt romney says he is going to pay for his tax cuts for the wealthy by cutting 1, 100th of 1% of the federal budget. that is right. mitt romney wants to fire big bird. capella university understands businesses are trying to come back from rough economic times. employees are being forced to do more with less. and the need for capable leaders is greater than ever. when you see these problems do you take a step back, or do you want to dive right in? with a degree in business from capella university, you'll have the knowledge to go further in your career than you ever thought possible. let's get started at capella.edu >>> john mccain has been dead wrong on the fundamental issues relating to the conduct of the war. barack obama has been right. they are the facts. >>
give me jim leher over that nonsense any day. coming up. if you were one of the people who declared a winner after watching last night's debate i'm going to ask you to reconsider after tonight's rewrite. and paul ryan will have the time he needs to explain his medicine careplan. and mitt romney says he is going to pay for his tax cuts for the wealthy by cutting 1, 100th of 1% of the federal budget. that is right. mitt romney wants to fire big bird. capella university understands businesses are...
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jim i'm going to stop subsidy to pbs. i like pbs and i like you, too. but i'm not going to spend money on things to borrow money from china to pay for it. >> the fact is if you're running the race the way you describe, governor and it's not possible to come up with enough deductions and loophole that's only fikt high income individuals to avoid either raising the deficit or burdening the middle class, it's math. it's arithmetic. >> republicans insist the policies are failures and democrats say governor romney doesn't have a specific plan. republican senator johnson joins us from denver. you've been in the bubble of the debate. and most people sh most polls which are inaccurate show governor romney won this debate. and i'm curious what you think overall impact will be for the candidate? >> this is a really great performance by the governor. and i think it resets the campaign giving him on opportunity to take his case to the american people. and so mup of what people have heard, seen, read about mitt romney comes through a filter, tonight he has a chance
jim i'm going to stop subsidy to pbs. i like pbs and i like you, too. but i'm not going to spend money on things to borrow money from china to pay for it. >> the fact is if you're running the race the way you describe, governor and it's not possible to come up with enough deductions and loophole that's only fikt high income individuals to avoid either raising the deficit or burdening the middle class, it's math. it's arithmetic. >> republicans insist the policies are failures and...
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i am happy that jim lehrer was willing to ask us our positions on issues and we could describe those. it was not a big gotcha night from the moderator, but instead, a chance for the president and i to go toe to toe on important issues people care about. i thought it was a helpful night n. final analysis, people will decide what kind of america they want. >> sean: congressman ryan, you are up next. there have been a lot of controversial statement, but to save time, in recent weeks, joe biden has said that the middle class, the last four years has been buried. today, he went out there and said he's going to raise taxes, yes, we plan to raise taxes over $twenty1 trillion. your reaction? >> he was half right. it's about $2 trillion. but every now and then, joe is candid. he drops the veil. he was right when he aid the middle class has been buried four years. yes, they are proposing a massive tax increase. two years ago, when they said they were going to prevent a tax increase because of a slow economy, the economy is growing slower than when they said that. they don't have a record to run
i am happy that jim lehrer was willing to ask us our positions on issues and we could describe those. it was not a big gotcha night from the moderator, but instead, a chance for the president and i to go toe to toe on important issues people care about. i thought it was a helpful night n. final analysis, people will decide what kind of america they want. >> sean: congressman ryan, you are up next. there have been a lot of controversial statement, but to save time, in recent weeks, joe...
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two minutes. >> thank you, jim. honor to be here with you and i appreciate the chance to be the president. pleased to be at the university of denver, appreciate their welcome and also the presidential ghicommission. congratulations to you,mr. president, on your anniversary. this is the most romantic thing you would imagine, being here with me. congratulations. this obviously a very tender topic. i've had the occasion over the last couple of years of meeting with people across the country. i was in dayton, ohio, and a woman grabbed my arm, she said, i've been out of work since may, can you help me? and yesterday, at a rally in denver and a woman came up to me with a baby in her arms, said, ann, my husband has had four jobs in three years, part-time jobs, he's lost his most recent job. and we've now just lost our home. can you help us? and the answer is yes. we can help. but it's going to take a different path. not the one we've been on. not the one the president describes as a top down cut taxes for the rich, that's
two minutes. >> thank you, jim. honor to be here with you and i appreciate the chance to be the president. pleased to be at the university of denver, appreciate their welcome and also the presidential ghicommission. congratulations to you,mr. president, on your anniversary. this is the most romantic thing you would imagine, being here with me. congratulations. this obviously a very tender topic. i've had the occasion over the last couple of years of meeting with people across the country....
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president. >> well, jim, i want to thank you. and i want to thank governor romney because i think this was a terrific debate and i very much appreciate it. and i want to thank the university of denver. you know, four years ago we were going through a major crisis, and yet my faith and confidence in the american future is undiminished. and the reason is because of its people. because of the woman i met in north carolina who decided at 55 to go back to school because she wanted to inspire her daughter and now has a job from that new training that she's gotten. because of a company in minnesota who was willing to give up salaries and perks for their executives to make sure that they didn't lay off workers during a recession. the auto workers that you meet in toledo or detroit take such pride in building the best cars in the world. not just because of a paycheck but because it gives them that sense of pride, that they're helping to build america. and so the question now is how do we build on those strengths? and everything that i've
president. >> well, jim, i want to thank you. and i want to thank governor romney because i think this was a terrific debate and i very much appreciate it. and i want to thank the university of denver. you know, four years ago we were going through a major crisis, and yet my faith and confidence in the american future is undiminished. and the reason is because of its people. because of the woman i met in north carolina who decided at 55 to go back to school because she wanted to inspire...
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i'm jim cramer and i will see you tomorrow. larry, what are you looking tonight? >> the earnings may not stop stocks from a bigger rally. good evening. i'm larry kudlow. this is "the kudlow report." mitt romney unveils his foreign policy strategy. he says the obama white house botched the response to the terrorist attack on the u.s. embassy in benghazi. cnbc's own john harwood has the latest. good evening, john. >> good evening, larry. mitt romney tried to build on his successful debate last week by talking foreign policy today and attacking president obama as simply not someone leading. >> i know the president hopes for a safer, freer, and more prosperous middle east allied with us. i share this hope. hope is not a strategy. >> we don't know if that line is going to work, but we know from new polls out today he's made significant headway since the debate. puts a lot of pressure on the vice presidential debate later this week. we'll talk about it at athe bottom of the hour. >> we will see you later on that very topic. also this evening, one battleground state, mic
i'm jim cramer and i will see you tomorrow. larry, what are you looking tonight? >> the earnings may not stop stocks from a bigger rally. good evening. i'm larry kudlow. this is "the kudlow report." mitt romney unveils his foreign policy strategy. he says the obama white house botched the response to the terrorist attack on the u.s. embassy in benghazi. cnbc's own john harwood has the latest. good evening, john. >> good evening, larry. mitt romney tried to build on his...
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one. >> jim: let's not. let's let him respond to this specific on dodd frank and what the governor just said. >> i think this is a great example. the reason we have been in such an enormous economic crisis was prompted by reckless behavior across the board. now twasn't just on wall street. you had loan officers that were giving loans and mortgages that really shouldn't have been given bos because the folks didn't qualify. hupeople borrowing money to buy a house they couldn't afford. hucredit agencies stamping these as a-1 great investments when they weren't. but you also had banks making money hand over fist, churning out products that the bankers themselves didn't even understand, in order to make big profits, but knowing that it made the entire system vulnerable. so what did we do? we stepped in and had at this time toughest reforms on wall street since the 1930s. we said, banks, you have to raise your capital requirements. you can't engage in the rinky behavior that is putting main street at risk. we are
one. >> jim: let's not. let's let him respond to this specific on dodd frank and what the governor just said. >> i think this is a great example. the reason we have been in such an enormous economic crisis was prompted by reckless behavior across the board. now twasn't just on wall street. you had loan officers that were giving loans and mortgages that really shouldn't have been given bos because the folks didn't qualify. hupeople borrowing money to buy a house they couldn't afford....
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i'm sorry, jim, i'm going to stop the subsidy to pbs. i like pbs, i love big bird. i actually like you, too. i'm not going to keep spending money on things -- >> let's -- >> let's get back to medicare. the president said the government could provide it at a lower cost without a profit. let's -- >> let's not. let's let him respond. let's let him respond to this specific on dodd/frank and what the governor just said. >> massachusetts governor mitt romney rolling over the debate moderator, jim lehrer, of pbs last night during the first presidential debate of this campaign season. joining us now for the interview is dan rather, host of "dan rather reports" on access tv. anchor of cbs' "evening news" for 20 years and a veteran observer of the campaigns. thank you. >> always a pleasure to be here. >> what is your reaction overall to the debate last night? i am assuing you think mitt romney won the debate. what do you think is important about it? >> i think what's important about it is it gives governor romney a chance to get a second look from the electorate. when he was
i'm sorry, jim, i'm going to stop the subsidy to pbs. i like pbs, i love big bird. i actually like you, too. i'm not going to keep spending money on things -- >> let's -- >> let's get back to medicare. the president said the government could provide it at a lower cost without a profit. let's -- >> let's not. let's let him respond. let's let him respond to this specific on dodd/frank and what the governor just said. >> massachusetts governor mitt romney rolling over the...
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romney: thank you, jim. i am pleased to be at the university of denver and i appreciate their welcome and also the presidential commission on these debates. congratulations to you, mr. president on your anniversary. i'm sure this is the most romantic place you can imagine here with me. [laughter] congratulations. this is obviously a very tender topic. identification of the last couple years many people across the country. i was in dayton, ohio, and a woman grabbed my hand and said she'd been out of work since may. can you help me? yesterday was a rally in denver and a woman came up to her with a baby in her arms and said my husband has had four jobs in three years, part-time jobs. he has lost his most recent job and we cannot just lost our home. can you help us? the answer is yes, we can help, but it is going to take a different path. not the one we have been on, not the one the president described as a top down cut taxes for the rich. that is not what i'm going to do. my plan has five basic parts. one, get
romney: thank you, jim. i am pleased to be at the university of denver and i appreciate their welcome and also the presidential commission on these debates. congratulations to you, mr. president on your anniversary. i'm sure this is the most romantic place you can imagine here with me. [laughter] congratulations. this is obviously a very tender topic. identification of the last couple years many people across the country. i was in dayton, ohio, and a woman grabbed my hand and said she'd been...
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maybe jim lehrer. format i love. much more demanding on jim but better for us. >> ifill: we're looking forward to what jim has to say tonight. it's a big night and we'll go to the convention hall and hoar from our own jim lehrer. >> lehrer: good evening, from the ma nag mess arena in colora. i welcome you to the first of the 2012 presidential debates between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican. nominee. this debate and the next three, two presidential, one vice presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-minute segments with two-minute answers for the first question, then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions have a the internet and other mea, b i made the final selections, and for the record, they wer
maybe jim lehrer. format i love. much more demanding on jim but better for us. >> ifill: we're looking forward to what jim has to say tonight. it's a big night and we'll go to the convention hall and hoar from our own jim lehrer. >> lehrer: good evening, from the ma nag mess arena in colora. i welcome you to the first of the 2012 presidential debates between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican. nominee. this...
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a debate that also was moderated by jim lehrer. >> the fact is the wealthiest may more taxes. if you're a family of four making $50,000 ins massachusetts, you get a 50% tax cut. >> now, here's mr. george bush same day, 2000. same moderator making the same promise. it didn't work then. why would we believe the same day, same party, same kind of political philosophy now? >> we won't believe it because we've lived through it and we found out that it was a fraud. look, what the average middle class family got out of the bush tax cut was equivalent to enough money to buy an extra diet coke a day. who is going to believe mitt romney when he gets up there and said, look, i'm going to take care of the mid class, no tax increases on the middle class, no tax cuts for the wealthy. he's mr. 47%. he's spent the whole year deriding the majority of american hes and catering to people at the very top. i think jared's absolutely right. these numbers not only don't add up, but if romney is ever forced to specify any of these deductions, what about home interest mortgage, what about state and lo
a debate that also was moderated by jim lehrer. >> the fact is the wealthiest may more taxes. if you're a family of four making $50,000 ins massachusetts, you get a 50% tax cut. >> now, here's mr. george bush same day, 2000. same moderator making the same promise. it didn't work then. why would we believe the same day, same party, same kind of political philosophy now? >> we won't believe it because we've lived through it and we found out that it was a fraud. look, what the...